First Citizens Asset Management, Inc

RIASEC Registered

Total AUM

$465M

Discretionary

$435M

94% of AUM

Avg account

$365K

Accounts

1,274

Employees

Advisory reps

Firm details

Headquarters: Raleigh, North Carolina
CRD number: 140777
Registered since: June 19, 2014
Website: www.firstcitizens.com
Custodians: PERSHING LLC
Fee structure: Percentage of AUM
Client types: Individuals62.86%
HNWI19.52%
State / Municipal Government16.65%
Corporations / Businesses0.82%
Charitable Organizations0.12%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

First Citizens Asset Management, Inc. is a SEC-registered investment adviser (registered in 2014) that manages portfolios for both individual/family and institutional clients on a percentage-of-AUM fee basis. The firm operates as a corporation with domestic entity and individual ownership elements and functions as a capital allocator. It also conducts broker-dealer and insurance-broker activities through affiliated channels. Advisory capabilities cited in filings include financial planning, discretionary portfolio management for individuals, small businesses and institutions, manager-of-managers selection, and investor education seminars. Filings indicate the firm does not identify as an active ESG investor.